Reluare marți, 1 iunie 1993

NEWS SUMMARY

Date: 02 June 1993

International A3-10 DOZEN DIE IN BOSNIA SOCCER RAID After mortar shells exploded amid scores of soccer players and spectators at Sarajevo, the toll was at least a dozen dead and 80 wounded. Shrapnel-peppered cars, shreds of blood-soaked clothing and a worn-out soccer ball were all that remained of a neighborhood tournament. A1 GAINS FOR SERBIAN NATIONALISTS Thousands of demonstrators clashed with riot police in front of the Parliament building in downtown Belgrade in the most serious anti-Government demonstration in two years. A10

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Critic's Notebook; Connie Chung at the Anchor Desk

Date: 02 June 1993

By Walter Goodman

Walter Goodman

So as of last night it is "The CBS Evening News With Dan Rather and Connie Chung." Why the addition of the last three words? One canard -- that CBS News executives decided a proven favorite would help the second-place program's ratings -- must be dismissed out of hand. Such an explanation would be disrespectful to CBS News, unflattering to Mr. Rather, patronizing to Ms. Chung and sexist to boot. Definitely impermissible. Another possibility is that after all these years of solitary stardom, Mr. Rather found the part of his job that consists of spending a few minutes five nights a week reciting headlines and doing 20-second leads into other people's stories onerous or tedious, and begged his employers for relief, or at least company. Maybe with a helpmeet in place, he plans to get out the old bush jacket and visit more scenes of catastrophe.

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INSIDE

Date: 02 June 1993

Sexual Climate in Schools Junior high and high school students are routinely grabbed, pinched or put down in explicitly sexual ways at school, a survey says. Page B7. Bicyclist Slain in Park A bicyclist riding through Prospect Park in Brooklyn was shot to death while trying to flee robbers who wanted his bike, the police said. Page B1. Secularism in the Arab World In Saudi Arabia, Egypt, Jordan and Kuwait, influential Arab voices are saying secular values can be compatible with Islam. Page A3. Big Losses for the Japanese Japanese investors are now facing the prospect of big losses on American buildings they bought in the real estate boom of the 1980's. Page D1. Student Loan Proposal Stalls The President's student aid plan has been slowed by critics who question whether the Government can administer loans efficiently. Page A14.

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On My Mind; The Constant Hearts

Date: 01 June 1993

By A. M. Rosenthal

A.

The decision to pick a public relations man for three Republican Presidencies as the spokesman for the new Democratic Administration is an important step meaning one or more of the following things: 1. The public and press are just as stupid as President Clinton obviously thinks they are and have never seen a cynical political gimmick they would not buy.

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SPECIALTY PAPERBOARD STOCK FALLS ON PROJECTIONS

Date: 02 June 1993

By Bloomberg News

Bloomberg News

Shares of Specialty Paperboard Inc. closed down 35 percent yesterday after the company said weak sales would result in second-quarter earnings from continuing operations that would be substantially below analysts' estimates of 38 cents to 42 cents a share. Specialty Paperboard stock closed down $4.50, to $8.25, in Nasdaq trading. Earlier in the day the shares hit a 52-week low of $6.375. The maker of office products, book covers and gaskets, which is based in Brattleboro, Vt., also said it expected a second-quarter gain of 71 cents a share after reaching an agreement to buy steam at a discount from Kamine/Beiscorp Beaver Falls L.P.

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PILOTS CRITICAL OF PACT PROPOSED BY NORTHWEST AIRLINES

Date: 02 June 1993

By Bloomberg News

Bloomberg News

Negotiators for Northwest Airlines' pilots have criticized a proposed concessions pact as "unacceptable" and "badly flawed" in materials sent to members during the weekend.

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A.T.& T. ACQUIRES CONTROLLING INTEREST IN EO

Date: 02 June 1993

By Bloomberg News

Bloomberg News

Two years after it invested in Eo Inc., a developer of lightweight personal communicator products, the American Telephone and Telegraph Company said yesterday that it had acquired control of the company. "Nobody's selling out, but we're just reallocating our percentage ownership," David Atkinson, the vice president for consumer products at A.T. &T., said. Details were not disclosed.

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SHARES OF PRATT HOTEL SURGE ON SUCCESS OF PARENT

Date: 02 June 1993

By Bloomberg News

Bloomberg News

Shares of the Pratt Hotel Corporation hit a 52-week high yesterday as the gaming stock continued a surge that began Friday. After opening trading at $14, the company's stock quickly hit $15.625, before closing at $14.875, up $1.25, or 9.2 percent. Pratt Hotel shares began rising on Friday, the first day of trading for its parent company, the Hollywood Casino Corporation. Shares of Hollywood Casino, which owns 80 percent of Pratt Hotel, rose 63 percent on their first day of trading, closing at $26.25. They were up $4.75 yesterday, to $31, on a volume of 3.8 million.

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EMBASSY SUITES AGREES TO SELL FIVE HOTELS TO FELCOR

Date: 02 June 1993

By Bloomberg News

Bloomberg News

Embassy Suites Hotels, a unit of the Promus Companies, said yesterday that it had reached an agreement to sell five hotels for $69.5 million. Felcor Inc., based in Dallas, will buy the properties. Embassy Suites would retain management and franchise agreements on the hotels. The transaction, which was expected to close within 60 days, would involve Embassy Suites in Jacksonville, Orlando, and Altamonte Springs, Fla.; Nashville, and Dallas.

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Japan's Car Sales Off

Date: 02 June 1993

By Bloomberg News

Bloomberg News

Japan's domestic sales of cars, trucks and buses fell 12.9 percent on the year in March to 330,356 units, the Japan Automobile Dealers Association said today. Sales of passenger cars fell 10.9 percent, trucks 16.9 percent and buses 29.2 percent.

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